By Rachel Goldfarb, originally published on Next New Deal
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Will the GOP Make a Move on Minimum Wage? (MSNBC)
Roosevelt Institute Fellow Dorian Warren suggests that the business wing of the Republican Party could push for a higher minimum wage because of stagnant demand.
Follow below the fold for more.
GOP: From Shutdown Villains to Kings of Congress? (AJAM)
Alvaro Guzman Bastida looks at how the GOP swung back from its lowest approval ratings in history. Roosevelt Institute Fellow Mike Konczal says that while the shutdown is no longer hurting the economy, austerity is.
Obama Just Lost the Battle for the Senate. It's Time He Waged War for Real. (TNR)
The only real play the President and the Democrats have now is to push hard for progressive policies that energize Obama voters in preparation for 2016, writes Brian Beutler.
The Wealth Gap Preoccupies Wall Street (Newsweek)
Lynnley Browning says that even big financial institutions, from Credit Suisse to the World Bank, are worried about the impact of extreme economic inequality on the economy as a whole.
Higher Minimum Wages Prove Popular; Marijuana Is Less So in Florida (NYT)
Shaila Dewan reports on winning minimum wage measures in solidly Republican states, among other ballot measures. Support for a higher minimum wage significantly cut across party lines.
New on Next New Deal
Finance 101 Problems in National Affairs' Case For Fair-Value Accounting
Roosevelt Institute Fellow Mike Konczal digs into a new conservative defense of fair-value accounting for student loans, and finds that its authors are fundamentally mistaken about what FVA is and does.